Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : LNG -- Ignore unavailable to you. Want to Upgrade?

To: Dennis Roth who wrote (658)	1/15/2006 10:37:16 AM
From: Dennis Roth	Read Replies (2) \| Respond to of 919

Peru LNG signs deal to export LNG to Mexico, US Eric Watkins Senior Correspondent ogj.pennnet.com LOS ANGELES, Jan. 13 -- Peru LNG Co., a consortium of Hunt Oil Co., South Korea's SK Corp., and Repsol YPF SA, has signed an agreement with the Peruvian government to export LNG from Peru to Mexico and the western US. The group will provide Peruvian natural gas to the region for 18½ years. The companies plan to build and operate an LNG plant and export terminal at Pampa Melchorita, about 168 km south of Lima (see map, OGJ, June 13, 2005, Newsletter). Work will begin during the first half for completion in 2009. The venture also will lay a 400-km, 32-in. pipeline to transport feed gas from the Chiquintirca community in the Ayacucho Mountains to the LNG plant. Hunt Oil has a 50% stake in the venture, SK holds 30%, and Repsol YPF holds 20%. Contact Eric Watkins at hippalus@yahoo.com.